357-carat white diamond sold for $19.3 million

Gem Diamonds has announced the sale of a 357-carat white diamond for $19.3 million.

The diamond was found in the Letseng mine, in Lesotho, and it was sold in a silent auction in Antwerp, Belgium.

"The Letseng mine has produced two remarkable 300-carat plus diamonds during the year to date. The 314 carat diamond, which was recovered in May 2015, and the 357 carat diamond which was sold on tender in September 2015," explains Clifford Elphick, CEO at Gem Diamonds.


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